Africa: Malt Market 2024

Malt Market Size in Africa

The African malt market expanded to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Malt Production in Africa

In value terms, malt production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Malt Exports

Exports in Africa

In 2023, after three years of growth, there was decline in shipments abroad of malt (not roasted), when their volume decreased by X% to X tons. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, malt exports expanded slightly to $X in 2023. Overall, exports, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the major exporting country with an export of around X tons, which resulted at X% of total exports. Cameroon (X tons) ranks second in terms of the total exports with a X% share, followed by Namibia (X%) and Kenya (X%). The following exporters - Zambia (X tons), Tanzania (X tons) and Zimbabwe (X tons) - each finished at an X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Namibia (X%), Zambia (X%), Kenya (X%), Cameroon (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Zimbabwe (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Cameroon (X p.p.), Namibia (X p.p.), Kenya (X p.p.), Zambia (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while Zimbabwe saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest malt supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

In South Africa, malt exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked in 2023 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced more modest paces of growth.

Malt Imports

Imports in Africa

Malt imports reached X tons in 2023, with an increase of X% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, malt imports soared to $X in 2023. Total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Cameroon (X tons), Nigeria (X tons) and Angola (X tons) represented roughly X% of total imports in 2023. Democratic Republic of the Congo (X tons) ranks next in terms of the total imports with a X% share, followed by Tanzania (X%) and Cote d'Ivoire (X%). Burkina Faso (X tons), Mozambique (X tons), Congo (X tons), Gabon (X tons), Namibia (X tons), Rwanda (X tons) and Ghana (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported malt (not roasted) in Africa, comprising X% of total imports. The second position in the ranking was taken by Cameroon ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In Nigeria, malt imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Cameroon (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform